Price for Nickel; Wire, of Nickel Alloys in New Zealand - 2023
Contents:
- Price for Nickel; Wire, of Nickel Alloys in New Zealand (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in New Zealand (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in New Zealand
- Exports of Nickel; Wire, of Nickel Alloys in New Zealand
Price for Nickel; Wire, of Nickel Alloys in New Zealand (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $39,664 per ton, declining by -1.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 41% against the previous year. The import price peaked at $40,432 per ton in 2021, and then fell slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($54,961 per ton), while the price for Taiwan (Chinese) ($12,134 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, of Nickel Alloys in New Zealand (FOB) - 2022
In 2022, the average export price for nickel; wire, of nickel alloyses amounted to $28,005 per ton, growing by 6.1% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 90% against the previous year. As a result, the export price attained the peak level of $56,750 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($80,394 per ton), while the average price for exports to Australia amounted to $17,358 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.0%).
Imports of Nickel; Wire, of Nickel Alloys in New Zealand
In 2022, overseas purchases of nickel; wire, of nickel alloyses decreased by -22.1% to 2.4 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 83% against the previous year. As a result, imports attained the peak of 3.1 tons, and then dropped rapidly in the following year.
In value terms, nickel; wire, of nickel alloys imports reduced sharply to $97K in 2022. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 89% against the previous year. As a result, imports attained the peak of $127K, and then fell sharply in the following year.
| Import of Nickel; Wire, of Nickel Alloys in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.6 | 19.5 | 42.2 | 34.2 | 73.0% |
| United Kingdom | 5.2 | 9.3 | 15.6 | 12.6 | 34.3% |
| Singapore | 1.3 | 5.4 | 14.7 | 12.0 | 109.8% |
| Sweden | 8.0 | 12.6 | 4.7 | 9.0 | 4.0% |
| India | 1.3 | 2.1 | 9.3 | 7.6 | 80.1% |
| Germany | 5.4 | 8.5 | 5.8 | 6.8 | 8.0% |
| China | N/A | 1.3 | 4.5 | 3.6 | 66.4% |
| Taiwan (Chinese) | 3.0 | 2.4 | 3.7 | 3.0 | 0.0% |
| Switzerland | 5.3 | 2.0 | 3.1 | 2.6 | -21.1% |
| Netherlands | 3.1 | 1.7 | 1.3 | 1.4 | -23.3% |
| Others | 4.9 | 2.3 | 21.8 | 3.9 | -7.3% |
| Total | 44.2 | 66.8 | 127 | 96.7 | 29.8% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to New Zealand in 2022:
- United States (623.0 kg)
- Singapore (376.0 kg)
- United Kingdom (301.0 kg)
- Taiwan (Chinese) (245.0 kg)
- Sweden (245.0 kg)
- India (201.0 kg)
- Germany (127.0 kg)
- China (116.0 kg)
- Switzerland (95.0 kg)
- Netherlands (59.0 kg)
Exports of Nickel; Wire, of Nickel Alloys in New Zealand
In 2022, after three years of growth, there was significant decline in shipments abroad of nickel; wire, of nickel alloyses, when their volume decreased by -13.7% to 227 kg. The total export volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 32% against the previous year.
In value terms, nickel; wire, of nickel alloys exports declined to $6.4K in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year.
| Export of Nickel; Wire, of Nickel Alloys in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 2.0 | 2.9 | 3.5 | 3.3 | 18.2% |
| China | 2.0 | 2.9 | 3.4 | 3.1 | 15.7% |
| Others | 0.9 | N/A | N/A | N/A | 0% |
| Total | 4.8 | 5.8 | 6.9 | 6.4 | 10.1% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from New Zealand in 2022:
- Australia (189.0 kg)
- China (38.0 kg)
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